Loud Records To Close?

[=[Euthanasia]=]

This is from a few days ago so I don't know if anyones heard about this yet, but check it out:


"The home of the Wu Tang Clan, Xzibit and Mobb Deep may be about to close its doors according to music industry rumours.

Although Loud Records hasn’t confirmed the rumour, a source close to the label says that Loud will shut its doors permanently at the end of the month.

Steven Rifkind, his brother Jonathan Rifkind and Rich Isaacson founded loud Records in 1992. The label was set up with the objective of discovering and nurturing the most promising talents in underground hip hop. Over the past ten years Loud has built up an impressive roster of urban music including Wu Tang Clan, Mobb Deep, Big Punisher, Funkmaster Flex, Pete Rock, Xzibit and Dead Prez. Loud merged with Sony Music in July 1999 and Violator records in April 2000.

The rap industry is only just recovering from the news earlier in the month that the home of De La Soul, the legendary Tommy Boy Records, was set to close."

(08 March 2002)


I hope this isn't true, they home some dope artists & it would be a shame to see a label that scouts underground talent close. What y'all think about this?

[Sikotic™]

That means the Xzibit and Dead Prez albums are gonna get delayed. Fuck man this sucks. I hope it's just a bullshit rumor but it wouldn't surprise me since everything else is going bankrupt or out of business.

[Dogg_Pound_Gangsta]

that would suck if xzibits album got delayed.  but i hope that it doesnt close its obviously not a money issue.  cuz x's album went 2x plat.

[Jome]

Loud Closes Doors

Wednesday, March 13, 2002
As we reported exclusively last week, Loud Records has today closed its doors for good. The label which has been around for more than a decade closed amid increasing pressure from mother company Sony.

Below expectation results from the Big Pun, Prodigy and Wu Tangs album last year played a role in the labels demise. No word yet on where Loud artists (which also includes Xzibit and Mobb Deep) will now go. We'll keep you updated. Again, remember where you heard it first.

Posted on Raptism.com

[Jome]

Shit main, this is bad news indeed.

The Xzibit-albu will probably be delayed until x-mas.
I wonder where Mobb Deep, Wu-Tang, M.O.P & Xzibit will sign now? Should be interesting to see.

[HBKid_Jr]

i heard mobb deep is goin independent.  It wouldnt suprise me to see xzibit go to aftermath,  imagine that roster,  eminem,  rakim,  an xzibit.  Imagine all 3 on tha same track

[S.G.V.]

Shit main, this is bad news indeed.

The Xzibit-albu will probably be delayed until x-mas.
I wonder where Mobb Deep, Wu-Tang, M.O.P & Xzibit will sign now? Should be interesting to see.

well isnt xzibits OPEN BAR distributed by loud too?...if it is then the golden state project will be delayed....otherwise xzibit can take his label to an indi label...get distribution and do it himself...that would be the shit...wu tang will get another deal somewhere....i doubt mobb deep will go indi....and i heard m.o.p. was going to caca-fella(how contradicting).....

[Jome]

well isnt xzibits OPEN BAR distributed by loud too?...if it is then the golden state project will be delayed....otherwise xzibit can take his label to an indi label...get distribution and do it himself...that would be the shit...wu tang will get another deal somewhere....i doubt mobb deep will go indi....and i heard m.o.p. was going to caca-fella(how contradicting).....

Yeah, Open Bar is through Loud, that GSP-project will probably be delayed there too. Even though I am a big fan of Dre-beats, I don't hope Xzibit will go to Aftermath, as Xzibit must wait 5 years for each album to come out.

I doubt Xzibit will go indy, he was double plat. with his last album, so why step it down? He probably wants the GSP to blow as well.

M.O.P.:Probably Roc-a-fella, Dame Dash been wanting to sign them for 3 years now.

Mobb Deep: Could go indy to get back some of the street-respect they lost on Infamy. Probably have Def Jam on their nuts.

Wu-Tang: I would guess Def Jam would be on the lookout, or they'll start their own shit.

[Sikotic™]

Damn, where will Dead Prez go? Rawkus?

I've been waiting for their record to drop since I copped Let's Get Free.

[Crenshaw_blvd]

Xzibit could go with Mca Records or Universal,mca has a tight hip hop roster.

[ZILLA THA GOODFELLA]

Ya man, Fuck.........wat about dead prez, its about time they dropped some shit........

And wat about Krayzie Bone, he waz suppose 2 drop another solo after tha bone realease........Now wat?

[S.G.V.]

Yeah, Open Bar is through Loud, that GSP-project will probably be delayed there too. Even though I am a big fan of Dre-beats, I don't hope Xzibit will go to Aftermath, as Xzibit must wait 5 years for each album to come out.

I doubt Xzibit will go indy, he was double plat. with his last album, so why step it down? He probably wants the GSP to blow as well.

M.O.P.:Probably Roc-a-fella, Dame Dash been wanting to sign them for 3 years now.

Mobb Deep: Could go indy to get back some of the street-respect they lost on Infamy. Probably have Def Jam on their nuts.

Wu-Tang: I would guess Def Jam would be on the lookout, or they'll start their own shit.

HAMMER WENT MANY TIMES PLATINUM AND HES INDI...DAZ WENT PLATINUM WITH DOGG FOOD HES INDI NOW....ICE-T IS INDI NOW...SO IS COOLIO...I DONT THINK ITS ABOUT SALES...I THINK ITS MORE ABOUT UR MENTALITY....IF UR HUNGRY TO PUT SOMETHING OUT UR PROBABLY GONNA DO IT INDI...FOR XZIBITS SAKE I WOULD HOPE HE WOULD DO THAT....HE COULD PUT HIS SHIT OUT FASTER....AND HOW HE WANTS IT

[caTASHtrophe]

I hope Krayzie drops his next solo's under "Mo Thugs" that labels been dead since he left it but if anyone can bring it back its him.

Oh and Xzibit joins Aftermath i will never buy another X album again.

I've been down with x since 97 but i don't think i could handle another "Restless" style album.

Laterz

[4 KiN L]

X-Zibit should take open-bar to universal or some shit...he can't let the label go cos loud are shuttin....fuck that! and now the album is gonna be delayed? what a bastard!